Member Info for mrtibbles

'Firm' Gold Price Support Fails at $1200 as US Inflation Hits Fed Target 1st Time in 6 Years
Thursday, 8/30/2018 13:59

https://www.bullionvault.com/gold-news/gold-price-083020183

Find the link below which outlines some very exciting developments clarifying how the Kinesis monetary system will work.and why it should help the POG.

Some of this article information needs refining ,but it gets Kinesis out into the mainstream from a respected source.

https://www.globalbankingandfinance.com/allocated-bullion-exchange-unveils-its-vision-for-the-future-of-money-after-seven-year-development-programme/

A South African MSM Sunday paper dong an article on Kinesis this weekend.

I understand that Kinesis is also due to be featured on a well respected flagship TV news programme, following on there will be further coverage on mainstream breakfast TV in the very near future.

The £ is up against the $ as well because of some comments a EU official mad yesterday, any excuse to manipulatable the market!

Brien predicts that the brutal period for precious metals may soon be over.

https://seekingalpha.com/article/4202806-brien-lundin-gold-market-looks-poised-reversal

What does need a rocket's up it's ars(e is the Egyptian judiciary, then the share price would jump because at present the outstanding court case put's at least a 20% discount on the SP and prevents some institutions investing in Centamin!
.

Sometimes it is just the system balancing or tidying things up things up from previous days.

Who would you like to see in his place? -
Fair comment Rebess, very difficult to find politicians with real integrity especially once they are elected, look at the shower we have for a government, paid a millions ti to the DUP to prop them up whilst they take the UK into the unknown of Brexit and Ireland is left without a functioning government!

Not fit for office in my opinion, he seems to forget that America has been taking advantage of the rest of the world for decades by using the dollar,manipulation and influence over the middle east supply of oil to the rest of the world.
He also seems to forget that it was companies like Smith Corona http://articles.latimes.com/1992-07-22/business/fi-4373_1_smith-corona in the past who chose to move to Mexico and in recent times Apple who over prices all it's products and could easily afford to pay US wages instead moved to China to exploit cheaper wage rates.
When General motors took over Saab they stole the Saab technology but cut the quality of the body shells by trying to substitute much cheaper and inferior quality Vauxhall body shells and parts onto the European market, but of course they didn't sell to the usual Saab customers!
https://www.theguardian.com/business/2009/dec/18/gm-shuts-saab
Obviously this is only a couple of examples of US businesses moving elsewhere to take advantage of other countries lower wages and worse working conditions, but that is the way of things the directors get fat by screwing the lower ranks and Donald Trumps own companies are no different either. https://www.independent.co.uk/news/world/americas/us-politics/donald-trump-employing-five-members-private-golf-club-government-jobs-a8037361.html
As to Iran, if the US has nuclear capability then why shouldn't they or anyone else came to that, too late to stop things now the genie was let out of the bottle by the US!
But in reality Trumps sanctions on Iran arent about their nuclear capability it's all about Trump wanting to push up the price of oil to make US shale gas production seems more economically viable and in the meantime we have to pay higher pump prices.
Trump's policy on oil has also pushed up the cost of living for Egyptians and of course increased productions costs at Sukari whist in the meantime the Fed cartel have been helping to manipulate the POG down meaning that other countries natural resources are gained on the cheap .

Trumpo stated a couple of days ago that if he is impeached the US economy would suffer?

Desperation to hang onto power?

Re good article
US centric Technical traders/analysts just don’t get it
They view gold and sliver charts as a dot on a screen which have zero to do with an upsurge of physical buying support.
A $Zero to $100 silver price is plausible to these blinkered traders.
they always get rinsed.!
Some news to be published in the next couple of days on wealth research group that will explain what has been gong on.
China rules this game now!.

Hi Siko,

Lovely to hear from you!

Thank you for the updates !

Keep well and good luck with your charity work!

Doing alight until US opened up at 1330.?

If anyone is concerned that their email address has been compromised then it can be checked for free on this site
https://haveibeenpwned.com/

Rainy River is a sorry tale, but New Gold is an extremely poorly run company with 11 (!) Vice Presidents. I am told that no one of head office ever goes to site. The capex blow out is even larger than they admit to because they pushe US$250m of TSF capex into operations so now it is in their sustaining capex.
So an $850m project has cost (so far) $1.6B to build. For a 24,000tpd plant which must be a record high.

but a warning from analyst Kees Drekker to consider before buying Atlantic Gold

When I started on the valuation of Atlatic Gold I expected it to be a short and straightforward exercise. Atlantic Gold is a company with a very short history starting off in 2014 picking up projects in Nova Scotia, quickly adding others to get critical mass, upon which it could start mine construction. Commercial production was achieved on 1 March 2018.

It proved not to be. Reviewing the documentation was complex and frustrating. Management has not made much of an effort to present a coherent business plan for its projects. It just cobbled together two feasibility study documents, one completed in 2015 on initial production, another in 2017 on expansion and published the cobbled-together report in 2018. The 2018 report did not even bother to remove aspects forecast for 2016 and 2017, to give information in the same format and breakdown for the 2015 and 2017 study, to give cash flow in annual periods, etc. It took a lot of digging and cross referencing to get to a cash flow model on the overall plan.

It is little wonder than this study identified that the 2018 report overlooked in its Economic Analysis capital expenditure for one of the projects. it is just one of the many issues that are of great concern. For the others, just read the Executive Summary of the appended report.

All the concerns earned the report the title: Expect Many Disappointments.

Just acknowledging that you found the articles Mt Bond.
I think everyone will realise that you weren't expressing an opinion on the articles in anyway.
it is clearly up to each individuals reader to form there own opinion on the the information and views expressed in each article.

https://www.rt.com/business/436264-gold-real-value-paper-money/
The world will inevitably dip into crisis, with gold and silver again emerging as real money, Claudio Grass, an independent precious metals adviser and Mises ambassador told RT.
“People today, especially in the West, have forgotten that paper money used to be a mere property title for a certain amount of gold or silver. Today, paper money is nothing more than a debt security. It is nothing more but collateral: the promise of the former generation that the future generation will pay off the debt via taxes and inflation,”

https://www.rt.com/business/436002-turkey-gold-futures-lira-crisis/

Precious metals strategist at Mitsubishi Corp UK Jonathan Butler told Bloomberg. “This is consistent with gold’s status as a safe haven and will likely be mirrored on the physical market with demand increasing for jewellery and gold bars.”

Russia proposes deal with Turkey to ditch US dollar for lira-ruble trade amid currency crisis
Published time: 15 Aug, 2018 07:18Edited time: 15 Aug, 2018 10:47
https://www.rt.com/business/435978-russia-turkey-ditching-dollar/

Moscow is still interested in trading with Ankara using the Russian ruble and Turkish lira, according to the Kremlin. Both currencies have been falling against the greenback, with lira setting new record lows every day.

http://www.thedailysheeple.com/while-trying-to-kill-a-familys-dog-cop-shoots-11-year-old-boy-instead_082018

The communication between company and retail investor needs some improvement, even if financial regulations prevent an answer to a specific question at that time, then surely it would be preferable if Centamin were to reply to that effect, rather than remaining silent.

In the present climate of lower gold prices and the reduced production guidance obviously investors are very concerned and total silence may not be the best policy although obviously the company may feel differently.for whatever reasons

Like many other long term investors I am very concerned about the recent production downgrade and also feel let down by the Centamin management in whom I had so much faith.

But perhaps I can offer some small reassurance or explanation to fellow share holders by reposting a response on 04th April 2018 from Centamin Investor Relations Office.

With regards to the referenced “export” gold numbers published in the MENA press. It is very important to understand

1) these are not verified numbers and often substantially inaccurate;

2) Centamin’s gold is handed over to a third party at the mine gate, and therefore Centamin are not the responsible company for the risk/reward of the exported gold;

3) Then the gold needs to go on to be refined in Canada.

Centamin publish quarterly, half yearly and annual audited results to the market via both our listings (RNS on the LSE and SEDAR on the TSX) as per our financial calendar.

Within these results are accurate number of gold sold ounces.

Centamin management appreciate your remarks about our ability to comment.

On a weekly basis Centamin Investor relations review comments about Centamin on LSE, iii and ADVFN..

It is not appropriate for IR to engage in direct dialogue, but of course they take note of the shareholder feedback and comments.

All Centamiin IR contact details are readily available on the website and at the bottom of RNSs,should any shareholders or prospective shareholders wish to contact Centamin Investor Relations with queries directly..

Tibbs

During his election campaign he stated that he would have an inventory of the gold in Fort Knox, still waiting for that ?
I am afraid as far as I am concerned Trump is in the chair, so he is responsible and his policies have encouraged the manipulation on the Comex to increase..